DIAMOND APPRAISAL ONLINEIf you are considering selling a diamond, whether it was received as an inheritance or it is merely part of a piece of jewelry you no longer wear, it is essential to understand what precisely professional diamond appraisal is and how online diamond appraisal works.

Appraise your diamond onlineMany unscrupulous online appraisal companies use methods (not in line with industry standards) to appraise diamonds to keep you from getting the full value of your gemstone. Their evaluations are subjective, not objective, and sellers will rarely receive the best price. What this means is that they will tell you that your diamond is worth less than its actual market value because they are hoping to purchase it from you for this low price and then resell it to someone else for a considerable profit margin. The next faction of inaccurate diamond appraisals comes from a completely different source, insurance companies. Such companies will give you a false estimate of your diamond jewelry’s worth, but they have other motives than those who want to buy your diamond for a low price. Insurance companies will often appraise diamond jewelry for a much higher rate than it is worth. They do this because this allows them to charge higher premiums on the diamond jewelry. So here we have another group that may give intentionally false appraisals, for self-serving reasons.

What's my diamonds worthOn the complete another end of the spectrum, Diamond Lighthouse works for the seller. Every diamond that Diamond Lighthouse receives is examined by a GIA certified, expert gemologist. Our evaluations are entirely impartial. Working together with industry professionals who fully understand the diamond market and current trends, we can help you receive the highest value for your gemstone. We serve solely as a broker. We do take a commission from the sale (10% for diamonds 1 carat and higher), so we always strive to get you the most money possible.We work with an extensive network of diamond dealers who are searching for a diamond just like yours. The process is simple. Send your diamond to us in our secure, fully insured FedEx packaging or schedule an in-house appointment and bring your diamond to our offices. Once our gemologists have thoroughly examined your diamond, we reach out to our network to let our contacts know your diamond is available. They then place competitive bids on your diamond, which you can view online in a personal portal. You are in control of every step of the process, and ultimately are free to select the highest offer (or request to have your diamond shipped back, free of charge). Once you accept an offer, we close the sale and send you the money, in a rapid turnaround. Diamond Lighthouse has more than 30 years of experience in evaluating gemstones. We know that a transparent diamond exchange market is fair not only to the buyer but to the seller as well.